The good, the bad and the ugly
Another week of conflicting news stories adds weight to the well-rehearsed debate about this, what seems like eternal, recession separating the haves from the have nots.
Great results from Land Sec and British Land, who both got their houses in order pretty quickly post Lehman, shows armageddon can be voided, whilst this story from City AM paints a pretty depressing story for JJB.
The ugly? Britain's high streets apparently. Homogenous....? Maybe not, mature and complex certainly. The Queen's campaign (not the well-heeled octogenarian, the real one, has continued to attract lots of attention and debate this week. In my job debate is good, so this is welcome. But I like this article from Chris Blackhurst which, despite the deliberate mistake in relation to landlords and rates, is a good summary of the challenges she faces, especially in those town centres where responsible landlords, REIT or otherwise, are the exception rather than the rule.
We're here to help your highness, feel free to pick up the phone.
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